Plenty on here with cash and getting belted, plenty here with little cash and actual confirmed plans for potential transformational SP impact and much loved...guess then our perfect storm is going to be massive when it actually happens... I've vowed not to knock this now , however not easy is it with the current lack of action and new missed timelines ..Anyways got a new bid on this morning , let's see if it happens.
"Chariot has had a very productive year to date, securing partners in Morocco and Brazil, successfully completing our Placing, as well as renegotiating our licence positions in Namibia. We are now in a strong financial position whereby we are able to accelerate our work programmes, pursue new opportunities and take our partnering processes forward from a position of strength. We continue to work on optimising our portfolio, and have progressed our technical work through the acquisition, processing and interpretation of extensive 2D and 3D data sets.
As we progress towards drilling, we continue to seek to manage our risk and financial exposure. Chariot has a balanced portfolio of assets with giant potential, positioned within key regions of the Atlantic margins. We look forward to continuing to deliver on our strategy, generating multiple prospects for drilling with the aim of creating transformational growth for our shareholders."
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